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by jimbokun
281 days ago
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That's a strange definition of capitalism you're using. Most people use capitalism to describe a system where people trade goods and services with as little interference from government as possible. In this case, the government has written laws in a way that indirectly transfers wealth from consumers to large corporations. Saying that such laws are "inevitable" in any conceivable capitalist system is unfalsifiable and adds little to the discussion. I think calling it "crony capitalism" to make it clear that it's the undue influence of capital on government specifically causing the problem here lends more clarity to the discussion. |
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This is not a real definition. Saying "most people" use the term to mean what you want it to mean in this argument is ridiculous.
Capitalism is a system of private ownership of capital. We live under that system. Anything you see that happens now is the result of that system because it's the one that exists.
There is no such thing as "crony capitalism". What came before crony capitalism? Was it regular capitalism? Did regular capitalism turn into crony capitalism? Or — more likely — is it all one continuous process and system of accumulation?